Cross-Price Elasticity of Demand VIII

The Chronicle of Higher Education reports:

Gas Prices Drive Students to Online Courses

For Christy LaBadie, a sophomore at Northampton Community College, the 30-minute drive from her home to the Bethlehem, Pa., campus has become a financial hardship now that gasoline prices have soared to more than $4 a gallon. So this semester she decided to take an online course to save herself the trip­—and the money....

Many institutions say their online summer enrollments have jumped significantly, compared with last summer's, and that fuel prices are a key factor in the increase. The Tennessee Board of Regents, for instance, reports that summer enrollment in online courses is up 29 percent this summer over last year.

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